News BP had originally projected that its settlement in the case would cost $7.8 billion but later boosted this to $9.2 billion

A panel of the 5th US Circuit Court of Appeals has affirmed a federal judge's approval of a multi-billion dollar settlement between BP Plc and businesses and individuals who lost money and property in the 2010 Gulf of Mexico oil spill.

BP shares rise after Deepwater Horizon compensation deal

Shares in BP have risen by 2 per cent after the oil giant agreed a £4.9 million deal with 110,000 businesses and individuals affected by the Deepwater Horizon disaster.

What The Sunday Papers Said

The Independent on Sunday: BP to review dividend after Gulf spill deal

The Deepwater Horizon oil rig burning after last year's explosion in the Gulf of Mexico

BP agrees £4.9bn Gulf of Mexico spill payout

BP has reached a £4.9bn deal with thousands of people hit by the oil giant's Gulf of Mexico disaster.

BP sells gas assets for $1.2bn to help pay for spill

BP is selling its interests in the Hugoton natural gas field in Kansas and its associated processing plant to America's Linn Energy for $1.2bn (£757m) in cash.

BP and plaintiffs extend talks on compensation

Hopes were raised for a multi-billion dollar settlement of claims over the Deepwater Horizon oil spill last night, as BP won a delay to a trial that had been due to start in New Orleans today.

BP's gross negligence trial opens in New Orleans

The head of BP in the US oversaw an oil drilling operation that allowed workers to make cavalier decisions on safety and failed to investigate mistakes, it will be argued in a New Orleans court this week.

James Moore: There's still a big oil spill on BP's road to recovery

Outlook BP is back on the right path, at least in the view of American chief executive Bob Dudley, who had the City gushing over his figures like he hopes the 12 new exploration wells BP will dig this year will be gushing with oil.

Ex-safety chief Castell to step down from board

Sir William Castell, the man who oversaw safety at BP in the run-up to the Gulf of Mexico oil spill, is leaving the company.

BP is told to cover Halliburton over oil spill costs

BP has suffered a further blow in its bid to share the billions of dollars of costs arising from the Gulf of Mexico oil spill.

Blow-out firm pays BP £160m for Gulf oil spill

BP will receive a $250m (£161m) payment from Cameron International, a contractor on the Macondo well, in settlement of their dispute over liability for the Gulf of Mexico oil spill.

BP wins key legal cases in Russia

A Russian court threw out two potentially debilitating multibillion dollar lawsuits against BP yesterday, handing the oil giant a key victory in the legal quagmire around its failed attempt to strike a joint Arctic venture with Rosneft.

BP sends letter to oligarchs

BP has written to its main partner in TNK-BP seeking assurances that there will be no repeat of what the oil giant described as a breakdown of corporate governance at the main operating unit of its Russian joint venture, TNK-BP Holding (TBH).

The business on...Maxim Barsky, Deputy Chairman, TNK-BP

Who he?

Deputy chairman of TNK-BP, the oil joint venture between BP and a consortium of oligarchs in Russia. Well, he was anyway.

David Prosser: A rare morale boost for embattled BP

Outlook Good news has been in shortsupply for BP of late, but yesterday's report from a group of US regulators will have given thecompany a boost. It concluded, like several other reports before it, that last year's Deepwater Horizon oil spill disaster was the fault of all of the companies and contractors involved rather than being the sole responsibility of BP (as the hysterical reaction towards the British company from US politicians might have suggested).

Van Wilt presents a trilogy of slick plays

Last year when the BP drilling rig Deepwater Horizon exploded in the Gulf of Mexico, the resulting oil leak hit headlines around the world for a short while, but for local residents its effects are still being felt.

Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'
10 best statement lightbulbs

10 best statement lightbulbs

Dare to bare with some out-of-the-ordinary illumination
Wimbledon 2015: Heather Watson - 'I had Serena's poster on my wall – now I'm playing her'

Heather Watson: 'I had Serena's poster on my wall – now I'm playing her'

Briton pumped up for dream meeting with world No 1
Wimbledon 2015: Nick Bollettieri - It's time for big John Isner to produce the goods to go with his thumping serve

Nick Bollettieri's Wimbledon Files

It's time for big John Isner to produce the goods to go with his thumping serve
Dustin Brown: Who is the tennis player who knocked Rafael Nadal out of Wimbeldon 2015?

Dustin Brown

Who is the German player that knocked Nadal out of Wimbeldon 2015?
Ashes 2015: Damien Martyn - 'England are fired up again, just like in 2005...'

Damien Martyn: 'England are fired up again, just like in 2005...'

Australian veteran of that Ashes series, believes the hosts' may become unstoppable if they win the first Test